Places Where Home Prices Have Gone Up the Most

After plummeting in 2007 and 2008 during the housing crisis, home prices in the U.S. are now rebounding. In fact, the median sale price of a house hit $218,175 in November 2016, reaching a new high. The swift rise in housing prices has some worried about another downturn. Lawrence Yun, chief economist of the National Association of Realtors, notes that “home prices are rising way too fast compared to people’s income and wage growth.”

While overall home prices might be rising, some places have seen greater increases than others. FindTheHome, a real estate intelligence site by Graphiq, found the 25 counties in the U.S. where home prices have increased the most. Using data from CoreLogic, FindTheHome looked at the percent change in average home price between November 2015 and November 2016. Counties needed at least 100,000 people to be considered to prevent the list from skewing toward very small counties.

Of the top 25 counties, the average one-year percent increase in recorded home price is 16.8 percent. However, the top three counties all saw price increases greater than 20 percent, with the the No. 1 county experiencing a whopping 48 percent increase in average home prices. Surprisingly, no counties west of the Mississippi River make the top 10.

Note: FindTheHome used the 6-month moving average of home sale prices for each county when comparing 2015 and 2016 data to further prevent the list from skewing toward small counties. Any ties are due to rounding.